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generating economic growth in four Latin American countries between 1980 and 2007. The results, based on panel time-series data … productive activities, and therefore to promote economic growth. Furthermore, given the characteristics of the sample of … rates), and all the institutional framework that it encompasses (central bank independence and fiscal responsibility laws …
Persistent link: https://www.econbiz.de/10010305619
The economic history of Argentina presents one of the most dramatic examples of divergence in the modern era. What happened and why? This paper reviews the wide range of competing explanations in the literature and argues that, setting aside deeper social and political determinants, the various...
Persistent link: https://www.econbiz.de/10011994330
The state of anomie that has characterised and still characterises most Latin American countries, resulting from the fragmentation of the social fabric, has encouraged the rise of successful personalist leaderships in the '90s. This paper aims at investigating how neopopulism developed in Latin...
Persistent link: https://www.econbiz.de/10010312402
Purpose - The main goal of this paper is to examine the evolution of Latin American productive integration in terms of the regional value added incorporated in intra-regional exports of Argentina, Brazil, Chile, Colombia, Mexico and Peru. In addition, the study traces the trade and productive...
Persistent link: https://www.econbiz.de/10015414308
Substantial amounts of British capital flowed to Latin America during the latter part of the nineteenth and early twentieth centuries. Companies financed by this capital were typically headquartered in the UK, but operated thousands of miles away. This paper asks how this separation between...
Persistent link: https://www.econbiz.de/10015211259
economic equality and political independence from the influence of an external power turn out to be robust characteristics … supporting growth convergence of middle-income countries. …
Persistent link: https://www.econbiz.de/10011960107
Literature on convergence among Latin American countries is still scarce compared to other regions. Almost none of the research connects convergence to the economic history of Latin America and the usual finding is one speed of convergence assuming one globally stable steady-state. In this paper...
Persistent link: https://www.econbiz.de/10010326927
spending across different functions to achieve higher growth. While most papers restrict their analysis to the size of … government, much less is known about the composition of spending and its implications for long-term growth. This paper sheds … expenditures, enhance growth in Latin America. This paper uses a novel dataset on physical and human capital and detailed public …
Persistent link: https://www.econbiz.de/10014518147
positively affected Latin American economic growth in this period, while the determinants traditionally put forward in the … empirical growth literature, such as technical change and openness, did not. Finally, the positive correlation between the …
Persistent link: https://www.econbiz.de/10010328448
This paper seeks to identify the most promising fiscal strategy to boost long-term economic growth in Argentina and … quantify its effects. To this end, the authors updated a growth-diagnostics study for Argentina and corroborated that low … improved appropriability and long-term growth. …
Persistent link: https://www.econbiz.de/10011314116